Search Legislation

Law Reform (Miscellaneous Provisions) (Scotland) Act 1985

 Help about what version

What Version

 Help about opening options

Opening OptionsExpand opening options

Status:

This is the original version (as it was originally enacted).

11Amendment of Bills of Exchange Act 1882 as respects countermanded cheques

In the [1882 c. 61.] Bills of Exchange Act 1882—

(a)at the beginning of section 53(2) (which provides as to the effect of presentment of a bill of exchange) there shall be inserted the words " Subject to section 75A of this Act, "; and

(b)after section 75 there shall be inserted the following section—

75A(1)On the countermand of payment of a cheque, the banker shall be treated as having no funds available for the payment of the cheque.

(2)This section applies to Scotland only..

Back to top

Options/Help